LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 3, 1997
         
         
      TO: Honorable Barry Telford, Chair            IN RE:  House Bill No. 1242
          Committee on Pensions and Investments                              By: Maxey/et al.
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB1242 ( Relating 
to participation in and benefits and administration of retirement 
systems for police officers in certain municipalities.) this 
office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB1242-As Introduced
         
This bill would apply only to the City of Austin.

No fiscal 
implication to the State is anticipated.  Because the bill would 
not have statewide impact on units of local government of the 
same type or class, no comment from this office is required 
by the rules of the House as to its probable fiscal implication 
on units of local government. 
         

         
 
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,PE ,TL